pool adsStock Traders Daily Rates BlackBerry Ltd (NASDAQ:BBRY) a Strong Buy
Stock Traders Daily issues STRONG BUY Rating on BlackBerry Ltd (NASDAQ:BBRY) based on valuation and opportunity.
Key Stats:
- Mkt cap $3.68B
- cash $2.96B
- debt $1.55B
- Pending expenditures $450M
- Net cash = $960K
- Mkt cap less cash = $2.72B
- 12 month future rev ~ 2.5B
- MKT CAP less Cash - Revenue = $222M
Road to profitability:
- Profitability is expected starting next quarter
- Revenue growth is expected from here as well (modest)
- The declines in revenue are now expected to officially stop.
Cross Platform:
- New android release announcement proves cross platform security
- BBRY has created a vertical channel of mobile security services.
- They own the most secure mobile security network
⚠Triggers may have already come
Support and Resistance Plot Chart for
Blue = Current Price
Red= Resistance
Green = Support
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